Monthly Archives: August 2024

Consumers Barely Solvent

Posted on August 30, 2024 by Popular Economics Weekly

Financial FAQs I said last month we know why the US economy is still growing. Consumers have kept spending. The second revision of second quarter economic growth confirmed this when Gross Domestic Product growth jumped from 2.4 to 3.0 percent! … Continue reading →

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When Will Housing Recover–Part II

Posted on August 27, 2024 by Popular Economics Weekly

The Mortgage Corner Federal Reserve Chair Powell has said the Fed is about to cut interest rates, so I’ve been wondering if the housing industry can come out of its self-made recession? One good sign is that existing-home sales ticked up … Continue reading →

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Equality Is Good for Everyone!

Posted on August 26, 2024 by Popular Economics Weekly

Answering Kennedy’s Call Vice Presidential candidate Kamala Harris made a promise at this year’s Democratic Convention. She would create programs that give every American the opportunity to better themselves. “I see an America where we hold fast to the fearless … Continue reading →

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U.S. Economy Has Landed

Posted on August 24, 2024 by Popular Economics Weekly

Popular Economics Weekly GETTY It’s about time. Fed Chairman Powell has finally admitted in so many words that the U.S. economy made a ‘soft landing’; economists’ term for inflation to have declined sufficiently that the Fed can begin to ease … Continue reading →

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Why Is This Election Still a Tossup?

Posted on August 21, 2024 by Popular Economics Weekly

Answering Kennedy’s Call What is the reason Republicans have become the party of anti-intellectuals? The danger is that it may drown out any intelligent discourse about the most important issues of our day. It’s driving at least one of our … Continue reading →

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Designing A New City

Posted on August 18, 2024 by Popular Economics Weekly

Chapter Thirteen Goleta Old Town 1995 Flood Many of us believed that a re-design of Old Town Goleta would be an ideal location to practice some of the precepts of True Urbanism, or Smart Planning, that could aid in the … Continue reading →

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Consumers Are Still Solvent?

Posted on August 17, 2024 by Popular Economics Weekly

Popular Economics Weekly FREDretailfoodservices My recent blogs have been questioning how long consumers can keep shopping for good reason; their debts have been piling up, which seems to mean they have been able to borrow enough to stay in the … Continue reading →

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Is This Another Upswing?

Posted on August 15, 2024 by Popular Economics Weekly

Answering Kennedy’s Call Something is going on in the American culture and psyche, a change that I believe will return us to a more optimistic era of hope and possibilities. I see what Pulitzer prize-winner and Political Scientist Robert Putnam (author … Continue reading →

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Let’s Make Healthcare More Equal!

Posted on August 12, 2024 by Popular Economics Weekly

Answering Kennedy’s Call Healthcare is back in the news, and Republicans still don’t get its importance as an election issue in its continuing efforts to repeal Obamacare, the 2010 Affordable Care Act (ACA), enacted that I wrote about in 2017 … Continue reading →

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Consumers Keep Shopping

Posted on August 8, 2024 by Popular Economics Weekly

Financial FAQs It’s no secret why the US economy is still growing and fully employed. Consumers have kept spending, and such activity accounts for two-thirds of US economic activity these days. So, it’s extremely important to track how long consumers will … Continue reading →

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